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BLASKET RENEWABLE INVESTMENTS LLC v. KINGDOM OF SPAIN
Case Number:
1:21-cv-02463
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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April 26, 2022
Hydro Investors Say Spain Waived Immunity In Arb. Case
Green energy investors Hydro Energy 1 SARL and Hydroxana Sweden AB pushed back against Spain's attempt to dismiss their $36.4 million arbitration award enforcement action, telling a D.C. federal judge that European Union laws do not prevent the country from paying the award.
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February 25, 2022
Spain Says Energy Investor Award Violates EU Law
Spain urged a D.C. federal court to dismiss a $36.4 million arbitration award enforcement action brought by hydro energy investors, arguing that the award is invalid because EU member states have no authority to enter into arbitration agreements with each other.
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September 21, 2021
Hydropower Investors Seek OK Of $36M Spain Award
Spain is facing litigation filed on Monday in Washington, D.C., by a pair of European renewable energy investors looking to enforce a nearly €31 million ($36.4 million) arbitral award they won last summer after investing more than twice that amount in a multi-plant hydropower project.